LSQ recently originated twin $2 million invoice finance facilities for sister companies serving the electric utility industry.South Carolina-based Powerhouse Resources provides staffing solutions for traditional power-generation facilities, while...
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March 27, 2024, 08:00 AM
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MidCap Business Credit completed a $12 Million Asset-based credit facility for an underground utility contractor located in New England.The opportunity was sourced and closed out of MidCap’s headquarters in West Hartford, CT. Seth Cooper, Senior Vice...
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January 03, 2024, 07:55 AM
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Smart Earth Technologies (“SET”), a provider of environmentally sustainable utility management solutions for water utilities is looking to enter into a financial restructuring that will culminate in an orderly liquidation and wind-down of the Company...
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November 15, 2023, 07:02 AM
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Heelstone Renewable Energy closed on a $175 million credit facility with BlackRock Alternatives (“BlackRock”), through a fund managed by its Infrastructure Debt business, to fund the initial construction and development of utility-scale solar and...
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March 01, 2023, 07:57 AM
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Bridgelink Power, a leading developer, constructor, and operator of utility-scale solar and energy storage projects, closed a senior secured revolving credit facility for up to $200 million with Crayhill Capital Management. The Facility will finance...
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April 13, 2022, 07:47 AM
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KKR announced the launch of Stellar Renewable Power (“Stellar”), a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source...
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December 10, 2021, 07:29 AM
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KeyBanc Capital Markets (KBCM), expanded its Utilities, Power & Renewables Group through the addition of a six-person renewable energy investment banking team. This team has been a leading provider of strategic, merger and acquisition advisory...
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May 04, 2021, 07:25 AM
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Global power and utilities transactions attained an all-time high in 2018, increasing 28% in overall deal value to $256.3 billion with a record volume of 546 deals, according to the EY report Power transactions and trends Q42018.
Europe contributed...
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February 25, 2019, 08:05 AM
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PNC Bank, National Association, announced the closing of a $50 million senior secured credit facility for C.A. Advanced, Inc (C.A. Advanced).
Headquartered in Wakarusa, IN, C.A. Advanced – along with its wholly owned subsidiary ARC American, Inc. –...
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January 31, 2019, 08:08 AM
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PG&E Corp., which is slated to file Chapter 11 on Jan. 29, announced that it entered into a commitment letter for debtor-in-possession financing with JPMorgan Chase Bank, N.A, Bank of America, N.A., Barclays Bank PLC and Citigroup Global Markets Inc....
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January 23, 2019, 07:33 AM
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Global power and utilities (P&U) deal value rose to an all-time quarter high of $97 billion in the first quarter of 2018, with 15 multi-billion-dollar deals alone accounting for 90% of deal value. That is according to EY report Power transactions and...
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June 11, 2018, 07:09 AM
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Distinct Infrastructure Group Inc. announced that it has acquired all of the issued and outstanding securities of Crown Utilities Ltd. for an aggregate purchase price of $17 million, refinanced its existing credit facility with Royal Bank of Canada...
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November 22, 2017, 07:07 AM
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The U.S. power & utilities (P&U) sector experienced a significant downturn in deal value in the second quarter, with a decline of 77% to $4.4 billion, according to the latest EY report Power transactions and trends Q2 2017.
That’s the lowest value...
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August 30, 2017, 08:00 AM
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AquaVenture Holdings Limited, a provider of Water-as-a-Service™ (WAAS) solutions, announced that it has entered into a $150.0 million senior secured credit agreement with Deutsche Bank AG as the arranger and lender, and Wells Fargo Bank as the...
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August 07, 2017, 07:00 AM
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Fifty-nine percent of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months, according to the latest biannual EY Power & Utilities Capital Confidence Barometer. That demonstrates a 12% increase in...
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May 30, 2017, 07:19 AM
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